• The Sprint to FI

    FIRE as a safety net

    I was reading a ProPublica study recently about age discrimination in the workplace and learned that more than half of those over 50 were laid off or otherwise pushed out of their jobs un-voluntarily. That alone is pretty grim, but what’s worse is this part: “Only one in 10 of these workers ever again earns as much as they did before their employment setbacks. Even years afterward, the household incomes of over half of those who experience such work disruptions remain substantially below those of workers who don’t. For the majority of older Americans, working after 50 is considerably riskier and more turbulent than we previously thought.” This kind of…